Hi All
Just found a 2 year old used car we`d like to buy, we currently have one that we`re going to sell to a dealer in the next few days to get the funds. The car owner is a real pressure sales person, saying she has people coming later to pay for the car (not turning up, surprisingly), that she needs to get the money tomorrow as she has a new car waiting for her and theyre going to take her off the waiting list,etc,etc. Bullshit basically.
Shes asking for $100,000 pesos today and the rest $80,000 tomorrow and to meet at a notary to do the paperwork. Now i`ve bought and sold many cars back home in the UK and i`m not giving up that much money without the documents and keys in my hands. I dont think i even want to five her $50 deposit until we have sold our car and can give the full amount.
But what are the legal side of doing this transaction like this here? My wife is Argentine and bought our original car for straight cash from a dealer. But as this person is stretching the truth starting to not trust her and want to make sure we`re covered if things go wrong. The car also has a year left on the manufacture warranty.
Anyone have experience of buying selling used cars would be interested to know.
Thanks alot
Just found a 2 year old used car we`d like to buy, we currently have one that we`re going to sell to a dealer in the next few days to get the funds. The car owner is a real pressure sales person, saying she has people coming later to pay for the car (not turning up, surprisingly), that she needs to get the money tomorrow as she has a new car waiting for her and theyre going to take her off the waiting list,etc,etc. Bullshit basically.
Shes asking for $100,000 pesos today and the rest $80,000 tomorrow and to meet at a notary to do the paperwork. Now i`ve bought and sold many cars back home in the UK and i`m not giving up that much money without the documents and keys in my hands. I dont think i even want to five her $50 deposit until we have sold our car and can give the full amount.
But what are the legal side of doing this transaction like this here? My wife is Argentine and bought our original car for straight cash from a dealer. But as this person is stretching the truth starting to not trust her and want to make sure we`re covered if things go wrong. The car also has a year left on the manufacture warranty.
Anyone have experience of buying selling used cars would be interested to know.
Thanks alot